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TraderG2
Dec 4, 2011 9:55 AM

AAPL $ Reflection  

Apple Inc.NASDAQ

Description

Very basic thoughts on AAPL trend line.
Comments
MisterA
They are not going to keep this trend, i am sure.
TraderG2
It's questionable as to how long they can keep their growth, from a macro POV it will have to slow down . Fundamentally, they still have a PE of ~14 below the tech average of ~16, and from the technicals, there is heavy upside.
charttrader
Tim posted interesting idea comparing GE and AAPL historical performance: tradingview.com/v/LTezfm7o/
Will see how it goes.
TraderG2
that's an important observation. It will come down to their revenue growth, and market dominance. Top Gear's a favorite show by the way.
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